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CIA-RDP79-00928A000100090002-4
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K
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26
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December 16, 2016
Document Release Date: 
March 29, 2005
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25X1 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Next 19 Page(s) In Document Exempt Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 This handbook on the international trade of the People's Republic of China (PRC) was prepared as a research aid and is the third in this series.* It contains the following information: a short text setting the trade of the PRC in perspective, assessing PRC trade during 1973, and giving a preliminary estimate of the likely level of China's international. trade during 1974; and an appendix, comprising Tables 1 through 11, which cover trade trends, trading partners, and commodity composition. The statistical data for this handbook are based on the official statistics of the trading partners of the PRC. where available. Statistics for the PRC's trade with the non-Communist developed countries are essentially complete, but statistics for its trade with the less developed countries are fragmentary. Statistics on the PRC's trade with the USSR and most East European countries are available. Statistics are not available for other Communist countries, and estimates for these countries are based on trade agreements and other trade indicators. Non-Communist trade statistics have been adjusted to place Chinese trade on an export f.o.b. and import c.i.f. basis.** In addition. adjustments have been made for double counting, such as Chinese re-exports through Hong Kong. Because of rounding, components in the statistical tables may not add to the totals shown. The grouping of non-Communist countries is as follows: (1) developed countries, including Australia. Japan, and New Zealand in East Asia and the Pacific; all countries except Spain and Portugal in Western Europe: Canada and the United States in North America; and South Africa: (2) less developed countries, including all other East Asian and Pacific countries; all Near East and South Asian and Pacific countries; all countries in Latin America except Cuba. and all countries in Africa except South Africa: and (3) Hong Kong and Macao. * - Earlier issues under the same title were dated December 1972 and October 1973. "? The value of imports, which are shown on a c.i.f. basis, is the value of goods delivered to Chinese docks, including insurance and freight charges. The value of exports, which are shown on an f.o.b. basis, is the value of goods loaded on board ship in Chinese ports. Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 STATINTL Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 ~1A Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Research Aid People's Republic of China: International Trade Handbook A (ER) 74-63 September 1974 Approved For Release 2005/04/21 : 25X1 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 This publication is prepared for the use of U.S. Government officials. The format, coverage, and contents of the publi- cation are designed to meet the specific requirements of governmental users. All inquiries concerning this document from non-U.S. Government users are to be addressed to: Document Expediting (DOCEX) Project Exchange and Gift Division Library of Congress Washington, D.C. 20540 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 CH AID People's Republic of China: International Trade Handbook September 1974 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 This handbook on the international trade of the People's Republic of China (PRC) was prepared as a research aid and is the third in this series. * It contains the following information: a short text setting the trade of the PRC in perspective, assessing PRC trade during 1973, and giving a preliminary estimate of the likely level of China's international trade during 1974; and an appendix, comprising Tables I through 11, which cover trade trends, trading partners, and commodity composition. The statistical data for this handbook are based on the official statistics of the trading partners of the PRC, where available. Statistics for the PRC's trade with the non-Communist developed countries are essentially complete, but statistics for its trade with the less developed countries are fragmentary. Statistics on the PRC's trade with the USSR and most East European countries are available. Statistics are not available for other Communist countries, and estimates for these countries are based on trade agreements and other trade indicators. Non-Communist trade statistics have been adjusted to place Chinese trade on an export f.o.b. and import c.i.f. basis.** In addition, adjustments have been made for double counting, such as Chinese re-exports through Hong Kong. Because of rounding, components in the statistical tables may not add to the totals shown. The grouping of non-Communist countries is as follows: (1) developed countries, including Australia, Japan, and New Zealand in East Asia and the Pacific; all countries except Spain and Portugal in Western Europe; Canada and the United States in North America; and South Africa; (2) less developed countries, including all other East Asian and Pacific countries; all Near East and South Asian and Pacific countries; all countries in Latin America except Cuba; and all countries in Africa except South Africa; and (3) Hong Kong and Macao. * Earlier issues under the same title were: Research Aid A 72-38, December 1972, and Research Aid A 73-29, October 1973. ** The value of imports, which are shown on a c.i.f. basis, is the value of goods delivered to Chinese docks, including insurance and freight charges. The value of exports, which are shown on an f.o.b. basis, is the value of goods loaded on board ship in Chinese ports. Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Page Trade in Perspective . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Patterns of Trade in 1973 . . . . . . . . . . . . . . . . . . . . . . . . I Major New Policy Decision in 1973 . . . . . . . . . . . . . . . . . . 2 Agricultural Imports on the Upswing . . . . . . . . . . . . . . . . . . 3 Huge Orders for Machinery and Equipment . . . . . . . . . . . . . . . 5 Drive to Increase Export Earnings . . . . . . . . . . . . . . . . . . . 5 Partial Trade Returns . . . . . . . . . . . . . . . . . . . . . . . . 6 High Prices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 The Canton Fairs . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Major Partners in 1974 . . . . . . . . . . . . . . . . . . . . . . . . 8 Appendix 1. China: Balance of Trade . . . . . . . . . . . . . . . . . . . . . . 9 2. China: Trade by Area and Country . . . . . . . . . . . . . . . . . 10 3. China: Trade by Area . . . . . . . . . . . . . . . . . . . . . . 11 4. China: Major Trading Partners . . . . . . . . . . . . . . . . . . . 11 5. China: Commodity Composition of Trade . . . . . . . . . . . . . . 12 6. China: Commodity Composition of Exports . . . . . . . . . . . . . 12 7. China: Commodity Composition of Imports . . . . . . . . . . . . . 13 8. China: Commodity Composition of Trade with Non-Communist Countries, 1972 . . . . . . . . . . . . . . . 14 9. China: Commodity Composition of Trade with Non-Communist Countries, 1973 . . . . . . . . . . . . . . . 15 10. China: Imports of Grain and Chemical Fertilizer . . . . . . . . . . . 15 11. China: Contracts for Whole Plant Imports . . . . . . . . . . . . . . 16 Figure 1. China: Trade Trends . . . . . . . . . . . . . . . . . . . . . 2 Figure 2. China: Balance of Trade . . . . . . . . . . . . . . . . . . . . 3 Figure 3. China: Geographic Distribution of Trade . . . . . . . . . . . . . 4 i Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 PEOPLE'S REPUBLIC OF CHINA INTERNATIONAL TRADE HANDBOOK Trade in Perspective 1. The People's Republic of China (PRC) is not a major trading nation by international standards. Total trade of the United States in 1973 was about 15 times that of China, and it was only last year that the level of Chinese trade surpassed that of Taiwan. Moreover, total PRC trade is a relatively low percentage of gross national product -- about 5% in 1973. This is not surprising for a major country that has a massive population, a large domestic market, and low per capita income. 2. Although the PRC plays a minor role in international commerce, foreign trade plays a major role in stabilizing and developing China's domestic economy. China depends on agricultural imports to help feed and clothe its huge population. The PRC relies on imports of machinery and equipment, metals, and advanced technology to support the growth and modernization of the industrial sector of its economy. 3. China's foreign trade in 1973 soared to US $9.9 billion (see Figure 1), an increase in dollar value of 67% over 1972, perhaps 25% in real terms. Revaluations of world currencies and worldwide inflation contributed heavily to the massive jump in dollar value. Imports grew faster than exports, and for the first time in three years China incurred a trade deficit. Unprecedented imports of agricultural products led to a deficit of $370 million with the non-Communist countries (see Figure 2). Despite an increased surplus with the Communist countries, PRC trade showed an overall deficit of $80 million. 4. The non-Communist countries increased their share of China's trade in 1973 to more than 80%, as trade with the developed countries grew by more than 90%. Figure 3 shows the geographic distribution of PRC trade. Japan remained the largest trading partner as Sino-Japanese trade reached the $2 billion mark, and the United States moved ahead of Hong Kong to become China's number two trading partner. Sino-Soviet trade increased in dollar value, but the USSR dropped to the number eight position from number five in 1972. Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Major New Policy Decisions in 1973 5. In 1973, Peking took several important steps that not only affected current trade but also promised to greatly influence trade through the remainder of the decade. China: ? imported a record amount of agricultural products and signed contracts for even larger deliveries in 1974; ? launched a multibillion dollar program to import whole industrial plants and other machinery and equipment from the West; Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 ? tempered its longstanding conservative policy toward the use of credit by financing a large part of its purchases of whole plants under deferred payments; and ? stepped up efforts to boost hard currency earnings and become a net exporter of petroleum, a commodity that promises to become a major source of foreign exchange earnings in the next few years. Agricultural Imports on the Upswing 6. A below-average harvest in 1972 led China to import a huge amount of agricultural products in 1973 and contract for even higher imports in 1974. Approved For Release 2005/04/21 : dA-RDP79-00928A000100090002-4 4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 PRC imports of grain, cotton, soybeans, vegetable oil, and sugar totaled about $1.3 billion in 1973 and are expected to reach $2 billion in 1974. The United States was a major supplier last year and will be again in 1974. Grain imports may increase from 7.7 million metric tons in 1973 to about 10 million tons this year. China signed three year (1974-76) grain contracts with Canada, Australia, and Argentina, calling for delivery of a maximum of 4.8 million tons annually. Over and above these three-year contracts, Peking has purchased additional quantities of grain from Canada, Australia, and Argentina and will import wheat from France for the first time since 1970. Huge Orders for Machinery and Equipment 7. To speed the modernization of industry, the PRC has been purchasing enormous amounts of Western machinery and technology. Imports of machinery and equipment totaled $855 million in 1973, of which imports from the non-Communist countries doubled to more than $500 million. In 1973, China signed contracts for whole plants and other machinery and equipment worth almost $2.5 billion. Most of the $1.2 billion in whole plants purchased will produce chemical fertilizer, man-made fibers, and petroleum-based plastics. Other purchases include transport equipment, machinery for the mining and petroleum industries, and dredgers for port improvement. Deliveries under contracts negotiated last year have begun on a large scale in 1974 and will continue for the next several years. 8. Since the beginning of this year, China has purchased plants worth almost $750 million from companies in Japan and Western Europe. The biggest deal is a $430 million steel-rolling complex to be supplied by West German and Japanese firms. If contracts are signed on a number of plants under negotiation, the level of whole plant purchases will approach the $1 billion level. Orders for other machinery and equipment, however, are lagging considerably behind last year's total. Drive to Increase Export Earnings 9. The rapid growth of Chinese imports in 1973 was accompanied by action to increase China's export earnings. Prices for many Chinese goods were raised to world market levels. China opened new markets in Asia, Africa, and the Western Hemisphere. China prodded its light industry to supply new and better export products, and Peking benefited from record world prices for its rice exports. Most important, the PRC became a net exporter of petroleum in 1973. Last year, China earned about $35 million from sales of crude oil and refined products to Japan 5 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 and Hong Kong. This year, China should easily earn $350 million from exporting petroleum to Japan, Hong Kong, Thailand, and possibly other countries. 10. Rising prices for major Chinese imports, together with larger quantities of imported agricultural products and machinery and equipment, point to a continued growth in the value of China's trade this year. Total trade should increase by 30% to 40% in dollar terms to $13 billion to $14 billion. Imports will again exceed exports, and China is likely to incur a trade deficit of roughly $1 billion with non-Communist trading partners. 11. Trade data for several months of 1974 with 11 of China's non-Communist trading partners show an increase of 64% over the same period in 1973, with exports lowing by 45% and imports by 80%. The following tabulation compares China's trade returns for early 1974 with the same period in 1973: Total United States Jan-Jul Australia Jan-Jun Japan Jan-Jun Singapore Jan-Jun United Kingdom Jan-Jun West Germany Jan-May Canada Jan-Apr Hong Kong Jan-Apr France Jan-Mar Sweden Jan-Mar Switzerland Jan-Mar 1973 1974 Percent Increase 2,010 3,287 64 222 668 201 92 218 137 864 1,382 60 119 173 45 144 152 6 158 176 11 113 118 4 210 283 35 56 75 34 16 23 44 16 19 19 These 11 countries accounted for 60% of total PRC trade in 1973. Trade with the remainder of China's trading partners, particularly the Communist countries, will show smaller rates of growth. Approved For Release 2005/04/2$ : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 High Prices 12. Soaring world prices, which contributed heavily to the increase in the dollar value of Chinese trade last year, will continue to influence the value of trade this year. Prices for agricultural products, fertilizer, and steel - imports that cost the Chinese $2.5 billion in 1973 - are sharply higher this year. Higher prices for other products will similarly inflate the total value of Chinese foreign trade this year, even with no rise in the volume. 13. The business conducted at the semiannual Canton Trade Fairs provides some evidence of China's trade prospects for 6 to 12 months after a fair is held. Transactions at the 1973 fall fair reached a record $1.3 billion. Exports sales probably accounted for about two-thirds of the total. The value of transactions at the 1974 spring fair, however, was down by about 40% from last fall. The decline in sales at the spring fair will tend to lower the level of Chinese exports later in the year. Increased sales of petroleum, however, could more than offset the decline in exports of items traditionally offered at the Canton fairs. The trade fairs are a less accurate indicator of total Chinese imports because most major import contracts are concluded outside the fair structure. Major Partners in 1974 14. The United States will probably remain China's second largest trading partner in 1974, after Japan. Sino-US trade in 1974 is expected to reach $1.2 billion, of which $1.1 billion will be Chinese imports. Agricultural products will again dominate PRC imports. Deliveries of US grain will be lower than 1973, but higher grain prices and substantially larger quantities of cotton and soybeans will boost the value of imports of farm products. The second half of the $150 million Boeing contract was completed this year; deliveries are beginning on the $200 million worth of ammonia plants and the $40 million worth of other machinery and equipment purchased from the United States in 1973. 15. Sino-Japanese trade may approach $3 billion in 1974. The Chinese deficit may increase slightly from the $165 million level of 1973. Japanese shipments are beginning on 1973 contracts for whole plants and other equipment. Imports of Japanese steel will reach a record 3 million tons in 1974. Japanese fertilizer sales, on the other hand, may fall as a result of supply shortages. The major factor 7 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 in increased Chinese exports to Japan will be the delivery of 4 million tons (80,000 barrels per day) of crude oil worth more than $300 million. 16. In 1974, Western Europe will remain a major source of metals, machinery, and high-technology equipment. China's other major grain suppliers - Canada, Australia, and Argentina - will post sizable gains in trade with the PRC. Hong Kong will continue as China's leading export market. Chinese trade with the less developed countries will expand further, particularly with Southeast Asia. 'Trade with the Communist countries will show only moderate gains over 1973. Approved For Release 2005/04/A : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 1950 1,210 620 590 30 350 210 140 70 860 410 450 - 40 1951 1,900 780 1,120 -340 975 465 515 - 50 920 315 605 -290 1952 1,890 875 1,015 -140 1,315 605 710 -105 575 270 305 - 35 1953 2,295 1,040 1,255 -215 1,555 670 885 -215 740 370 370 .... 1954 2,350 1,060 1,290 -230 1,735 765 970 -205 615 295 320 - 25 1955 3,035 1,375 1,660 -285 2,250 950 1,300 -350 785 425 360 65 1956 3,120 1,635 1,485 150 2,055 1,045 1,010 35 1,065 590 475 115 1957 3,055 1,615 1,440 175 1,965 1,085 880 205 1,090 530 560 - 30 1958 3,765 1,940 1,825 115 2,380 1,280 1,100 180 1,385 660 725 - 65 1959 4,290 2,230 2,060 170 2,980 1,615 1,365 250 1,310 615 695 --80 1960 3,990 1,960 2,030 - 70 2,620 1,335 1,285 50 1,370 625 745 -120 1961 3,020 1,530 1,495 35 1,685 965 715 250 1,335 560 775 - 215 1962 2,675 1,525 1,150 375 1,410 915 490 425 1,265 605 660 - 55 1.963 2,770 1,570 1,200 370 1,250 820 430 390 1,525 755 770 -15 1964 . 3,220 1,750 1,470 280 1,100 710 390 320 2,120 1,040 1,080 - 40 1965 3,880 2,035 1,845 190 1,165 650 515 135 2,715 1,385 1,330 55 1966 4,245 2,210 2,035 175 1,090 585 505 80 3,155 1,625 1,530 95 1967 . 3,895 1,945 1,950 - 5 830 485 345 140 3,065 1,460 1,605 -145 1968 3,765 1,945 1,820 125 840 500 340 160 2,925 1,445 1,480 - 35 1969 3,860 2,030 1,830 200 785 490 295 195 3,075 1,540 1,535 5 1970 4,290 2,050 2,240 -190 860 480 380 100 3,430 1,570 1,860 -290 1971 4,720 2,415 2,305 110 1,085 585 500 85 3,635 1,830 1,805 25 1972 5,920 3,085 2,835 250 1,275 740 535 205 4,645 2,345 2,300 45 1973 . 9,870 4,895 4,975 - 80 1,700 995 705 290 8,170 3,900 4,270 -370 9 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Table 2 China: Trade by Area and Country 1 1971 1972 Area and Country Turn- over Ex- ports Im- ports Balance Turn- over Ex- ports Im- ports Balance Turn- over Ex- ports Im- ports Balance Total All Countries 4,720 2,415 2,305 110 5,920 3,085 2,835 250 9,870 4,895 4,975 -81) Non-Communist Countries 3.635 1,830 1,805 25 4,645 2,345 2,300 45 8,170 3,900 4,270 -- 370 Developed Countries 2,240 810 1,430 -620 2,740 1,070 1,670 600 5,260 1,805 3,455 -1,651) Nast Asia and Pacific 1 , 005 365 640 -275 1 , 220 530 690 - 160 2,285 1 , 025 1 , 260 -- 235 Of which: Australia 71 42 29 13 104 55 49 6 247 86 1l41 -7.) Japan 929 :122 607 -285 1 , 108 468 640 - 172 2,021 928 1 , 093 Western Europe 985 410 575 - 165 1 , 065 460 605 - 145 1 , 690 66.5 1 , 025 --361) Of which: Prance 192 67 125 - 58 158 91 67 24 231 128 103 2:i Italy 127 56 71 - 15 161 73 88 - 15 196 112 84 21: Netherlands 60 35 25 10 51 39 12 27 94 57 37 21) Sweden 56 16 41) -24 66 18 48 -30 83 25 58 -33 Switzerland 42 23 19 4 39 17 22 --5 73 25 48 -23 Cuited Kingdom 161 69 92 - 23 167 77 90 - 13 340 102 238 - 136 West Germany 249 89 160 -71 282 92 190 -98 487 130 357 -- 22': North America 250 35 215 __180 455 80 375 - 295 1, 285 115 1 , 170 -- 1, 05:; Of which: Canada 241 28 2 1 3 - 185 345 49 296 -247 409 53 356 - 30:; United States 5 5 Negl. 5 111 32 79 - 47 876 64 812 - 748 Less Developed Countries 945 575 370 205 1,365 740 625 115 2,075 1,270 805 465 Southeast Asia 275 225 50 175 420 330 90 240 825 660 165 495 Of which: Indonesia as 35 30 5 25 75 70 5 65 155 150 5 (45 Malaysia and Singa- pore~4 205 170 311 13,9 235 190 45 145 460 325 135 190 Near East and South Asia 265 155 110 45 350 180 170 10 450 260 190 70 Of which: Egypt 46 15 31 -16 71 26 45 - 19 40 25 15 10 Pakistan 63 31 32 - 1 :15 20 15 5 60 46 14 32 Sri Lanka (Ceylon, 58 26 32 -6 41 14 27 - 13 70 31 39 --5 hatin America 65 10 55 -45 230 20 210 -190 300 45 255 -210 Of which: Brazil 1 I N egl. 1 78 1 77 - 76 78 2 76 -7, Chile 20 Ne6l. 211 -20 82 :3 79 -76 121 16 105 -89 Peru 25 Neg1. 25 -25 47 Negl. 47 -47 40 Negl. 40 -40 Africa 340 185 153 30 350 195 155 40 470 285 185 100 Of which: Nigeria 29 29 Negl. 29 :30 25 5 20 44 36 8 28 Sudan 56 21 35 -14 70 24 46 - 22 101 35 66 -31 Tanzania 89 76 13 63 86 65 21 44 104 89 15 71 Others Negl. Negl. Negl. Negl. 15 15 Negl. 15 30 20 10 10 IIong Kong and Macao 450 445 5 440 540 535 5 530 835 825 10 815 Of which: Hong Kong" 431 428 3 425 513 509 4 505 796 787 9 778 Communist Countries 1,085 585 500 85 1,275 740 535 205 1,700 995 705 290 I SS it 154 76 78 -2 255 134 121 13 272 136 136 .... Far East 7 225 150 75 75 260 180 80 100 480 355 125 230 Eastern Europe 445 195 250 - 55 495 230 265 -35 605 305 300 Of which: Czechoslovakia 59 25 34 -9 57 28 29 - 1 84 44 40 _ East Germany 83 39 44 __5 98 50 48 2 109 59 50 9 Hungary 31 14 17 -3 53 20 33 -13 67 27 40 -13 Poland 58 21 37 - 16 62 34 28 6 67 34 33 1 Romania 188 89 99 - 10 218 96 122 - 26 265 136 129 Other Communist Countries" 260 165 95 70 265 195 70 125 345 200 145 5f, L Data for individual countries, except, where noted, are rounded to the nearest $1 million. All other data are rounded to the nearest $5 million. ' Data are rounded to the nearest $5 million. 3 Official statistics from Indonesia are believed to include re-exports of Chinese goods from Hong Kong and Singapore. 1 In the past few years the proportion of Chinese goods re-exported to Malaysia through Singapore has declined. Chinese export: to Singapore have been reduced by 15% for 1971, 10% for 1972, and 3`% for 1973 to eliminate double counting of re-exports to Malaysia. Includes Spain, Portugal. Greece, and Malta. Net of entrepot trade with third countries. Includes North Korea, North Vietnam, and Mongolia. Includes Yugoslavia, Cuba, and Albania. Approved For Release 2005/04/19 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Table 3 China: Trade by Area Total 100 100 100 100 100 100 100 Non-Communist Countries 79 78 80 80 77 78 83 Developed Countries 50 50 50 52 47 46 53 East Asia and Pacific 21 19 22 24 21 21 23 Western Europe 26 25 24 24 21 18 17 North America 3 5 4 4 5 8 13 Less Developed Countries 20 19 21 19 20 23 21 Southeast Asia 8 8 9 6 6 7 8 Near East and South Asia 7 7 8 7 6 6 5 Latin America Negl. Negl. NegL NegL 1 4 3 Africa 4 4 4 5 7 6 5 Hong Kong and Macao 8 8 9 9 10 9 8 Communist Countries 21 22 20 20 23 22 17 USSR 3 2 1 1 3 4 3 Far East 6 6 5 4 5 4 5 Eastern Europe 6 7 7 8 9 8 6 Other 6 6 7 6 6 4 3 Country Total Trade 1973 (Million US $) 1973 Rank 1972 Rank Japan 2,021 1 1 United States 876 2 11 Hong Kong 796 3 2 West Germany 487 4 4 Malaysia/Singapore 460 5 6 Canada 409 6 3 United Kingdom 340 7 8 USSR 272 8 5 Romania 265 9 7 Australia 247 10 12 Approved For Release 2005/04/21 : C1A-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Total Exports Foodstuffs Crude materials, fuels, and edible oils Chemicals ,Manufactures Other Total Imports Foodstuffs Crude materials, fuels, and edible oils Chemicals Manufactures Other 100 100 26 28 23 21 4 4 44 44 3 3 100 100 19 23 16 16 155 17 48 43 I 1 100 30 22 4 40 3 100 19 17 17 46 1 100 31 21 5 42 1 100 16 17 15 52 Negl. 100 31 20 5 44 1 100 13 17 14 56 Negl. 100 31 19 5 43 1 100 16 19 13 51 1 100 33 18 5 44 1 100 20 20 9 50 1 Total Commu- nist Non- Commu- Dist Total Commu- Dist Non- Commu- Dist Total Commu- Dist Non- Commu- Dist Total 2,415 585 1,830 3,085 740 2,345 4,895 995 3,900 Foodstuffs 740 140 600 955 195 760 1,595 310 1,285 Of which: Animals, meat, and fish 275 35 240 335 45 290 485 65 420 Grains 95 30 65 155 75 80 535 120 415 Fruits and vegetables 155 30 125 180 30 150 225 20 205 Crude materials, fuels, and edi- ble oils 475 90 385 600 115 485 870 130 740 Of which: Oilseeds 15 .... 15 15 .... 15 105 5 100 Textile fibers 120 10 110 205 15 190 290 5 285 Crude animal materials 105 25 80 115 25 90 165 40 125 Chemicals 130 30 100 160 45 115 245 40 205 Manufactures 1,055 320 735 1,340 370 970 2,160 500 1,660 Of which: Textile yarn and fabric 325 80 245 460 115 345 795 1150 645 Clothing 155 95 60 190 100 90 275 65 210 Iron and steel 65 25 40 65 25 40 110 35 75 Nonferrous metals 45 10 35 30 10 20 50 10 40 Other 15 5 10 30 15 15 25 15 10 Data are rounded to the nearest $5 million. Estimates are based on data reported by trading partners. Where data are incomplete, as for most less developed countries and for many of the Communist countries, estimates are based on fragmentary information from trade agreements and press reports and on commodity breakdowns available for earlier years. Approved For Release 2005/04A21 : CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Total Commu- nist Non- Commu- nist Total Commu- nist Non- Commu- mist Total Commu- nist Non- Commu- nist Total 2,305 500 1,805 2,835 535 2,300 4,975 705 4,270 Foodstuffs 290 70 220 455 30 425 1,000 65 935 Of which: Grains 205 .... 205 345 .... 345 840 840 Crude materials, fuels, and edi- ble oils 385 75 310 550 85 465 985 105 880 Of which: Rubber 55 ?? 55 70 .... 70 165 .... 165 Textile fibers 140 ?.? 140 205 ... 205 400 .... 400 Chemicals 325 20 305 360 30 330 445 40 405 Of which: Fertilizer 200 ???. 200 190 5 185 220 25 195 Manufactures 1,295 325 970 1 ,455 380 1,075 2,505 480 2,025 Of which: Textile yarn and fabric 40 ??. 40 40 ?. 40 70 5 65 Iron and steel 465 45 420 510 45 465 930 40 890 Nonferrous metals 150 10 140 235 10 225 400 20 380 Machinery and equipment 505 230 275 520 265 255 855 340 515 Other 10 10 Negl. 15 10 5 40 15 25 I Data are rounded to the nearest $5 million. Estimates are based on data reported by trading partners. Where data are incomplete, as for most less developed countries and for many of the Communist countries, estimates are based on fragmentary information from trade agreements and press reports and on commodity breakdowns available for earlier years. Approved For Release 2005/04/21 :1CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Other Less Western Europe Devel- o ed Hong Kon Devel- o ed "otal Japan 1 nited Stales Canada Australia West Germany United Kingdom France Italy Other' p Coun- tries:1 g and Macao I p Coun- tries 5 14XPORTS 2,315 168 32 49 55 92 77 91 73 128 5 536 7,10 Foodstuff, (1f which: 760 117 1 7 2 93 13 21 15 32 1 307 200 :Lniuwls, meat, and fish 290 43 1 Negl. 1 2 6 17 11 4 Negl 185 20 tiraino 80 9 'Neel. Negl. Ned. .. 2 Negl. Ncgl. I Negl. 27 10 bruits and vegetables Crude materials, fuels, and edible 150 42 I 5 I :3 I :1 20 Negl. 42 '313 ,.its 1)1 which: -185 218 12 4 5 36 30 22 30 31 1 21 65 flilseede 15 I Negl. .... Negf. Negi. Negl. Negl. 5 4 5 Textile fibers 190 127 5 Negl. I :I 10 11 24 6 Nagl. 1 Crude animal materials 911 IS 3 I 2 8 5 2 12 Negl. 1 40 Chemicals 115 20 2 1 3 1 6 7 4 8 Negl. 22 30 Manufactures Of whine 970 1113 1 t 37 45 8 28 it 12 53 3 181 445 'Prxrilc yarn and fabric 345 4:5 3 15 27 I 11 14 7 26 2 51 1 10 Clothing 911 17 1 16 x Neg). 1 2 2 Nagl. 27 111 Iron and steel 40 Negf .. .. Negf. Nagl. Negl. Negl. .... NegL .... 11 25 onferrous metals 211 2 2 3 Negf. Negi. Negl. 6 1 0 .... 1 ~ Other'' 15 1 Neel. Ncgl. Negl. I Negl. Negl. 6 1 Negl. 2 IMPORTS 2 .300 1110 79 296 19 190 90 67 88 168 I 1 625 Foodstuffs 125 Negl. 7a 262 3 Ncgl. NegL Negl. .... Ncgl. .... .... 85 of whim: (Drains. Crude materials. fuels, and edible :145 NiKI. 7.5 % 261 ..-. ... .... .... .... ... .... ... 10 oils Of which: 165 2:1 2 12 21 7 8 2 d 29 4 :3 345 IRobber 71) 6 .... .... Negl. 2 .... Nagl. .., 60 "T-tie Giers 311.5 10 13 3 5 S 7 I 1 ... I:i5 Chemicals :130 209 1 Negl. -15 6 5 22 23 .... Negl. 20 Of which: Fertilizer 185 1111 S A. ... N. A. N. A. N.A. N.A. N. A. .... ... 20 Manufactures 1.1175 106 2 21 21) 138 75 60 61 114 .... t 175 Of which: 'l ent.il, yarn cad fabric 40 32 .... .... .... 1 5 .... Negl. .... I I con and steel 165 257 .... 11 79 III 16 35 46 .... 10 .ouferrous metals 225 III 21 9 I 13 3 .... 13 .... Nag]. 150 Alaeltinel.e and equipment 255 79 2 N,gl. Negl. 51 31 32 16 34 .... Negi. 10 Other 15 5 2 ...? Negl. Negl. Negl. Negl. 1 2 Negl. Neg). ?? ' Data arc rounded to the nearest $5 million Inr total and less developed countries and to the nearest $1 million for developed countries and flung Kong. Data arc n.d.ju.sted to reflect Chinese exports I'-b. and Chinese imports c.i.f. e Hum of sd,lusted official data for Austria, Belgium-I.uxcmhourg, l Iramnrk, I'fnland, Ireland, Ireland, Netherlands, Norway, Sweden, and Switzerland. This category .srludes trade with Spain, Portugal, and (;recce. " snur of direct trade with New Zealand and Hoag Kong's --ports of PH(' origin to South Africa. -1 Nxp ots are official data for Hong Kong net of re-exports of ['It(' origin, plus estimates for Macao. Imports are official data for hung Kong net of re-exports to the PKC. plus i'sl.imxt~s for Macao. lstfmates based on very limited info mation_ Complete commodity breakdowns no available for 1)172 for only a .small number of rountries, and partial breakdown. ,ai, available fn,- a few other,. Estimates for the remainder are based on information for prior years and on information available on trade in particular e numoditics. 'I'hio ,::(treats inmudes trade with Spain, Portugal, and Greece lncludos unreported Ir:de. Irreight adjustment oas made independently, based on information on actual shipping costs. Fertilizer data include imports of ammonium chloride and anmunium sulfate, but exclude phosphate rock. Approved For Release 2005/04/2114CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 :'I'CIA-RDP79-00928A000100090002-4 Other Less United West United Devel- oped Conn- Hong Kong ,no Devcl- oped Coun- EXPORTS Total :1,900 Japan 928 States 64 Canada 53 Australia 86 Germany 130 Kingdom 102 France 128 Italy 112 Others 194 tries0 10 Macao I 824 tries n 1,270 Foodstuffs 1,285 I80 7 8 3 35 19 32 12 49 2 435 505 Of which: Animls, rout, and fish 420 83 1 N cut. 1 3 7 25 8 7 Negl. 243 40 Grains 415 8 Negl. Negl. Negl. 2 3 1 .... 3 .... 74 32fi Fruits and vegetables 205 (i2 2 6 2 10 3 1 Ne,gl. 28 I 49 40 Crude materials, fuels, and oils edible 710 390 16 3 6 60 39 31 24 54 3 29 85 Of which Oilseeds 100 61 Next. beg1. Negl. 6 1 2 1 14 3 10 Textile fibers 283 322 6 I 6 18 17 1 10 Negl. 4 Negl. Crude animal materials 125 2:3 7 1 3 27 I 1 6 2 18 N'gl. lI 20 Chemicals 205 44 8 1 5 9 9 9 7 I5 Negl. 33 65 Manufactures 1660 313 32 41 71 25 35 56 65 76 5 324 615 Of which: Textile yarn and fabric 615 1-11 10 IS 47 6 11 18 50 39 3 112 190 Clothing 210 15 2 18 13 1 2 3 7 9 1 51 60 Iron and Steel 75 Negl, .... Negl. .... Negl. .... ._ A"cql. .... 21 15 Nonferrous metals 90 8 2 Neg9. 4 Negl. 9 3 7 3 Negl. Other" 10 1 1 Negl. 1 1 Negl. Negl. 4 Negl. Negl. 3 Negl. IMPORTS 4,270 1,093 812 356 161 357 238 103 84 245 5 10 805 Foodstuffs 935 Negl. 500 246 83 Negl. Negl. 1 .... Negl. .... Negl. too Of which: Grains 84() 7 .... 1)117 2)5 7 .. 71 .... Negl. .... .... Neg1. .... ... 211 Crude materials. fuels, and oils edible 880 33 2,10 16 50 8 21 2 4 43 5 6 480 Of which Rubber ' 165 6 ... Ncgl. .... Neg). Negl. Negl. ... Negl. .... .... 1(i0 Textile fibers 401) 25 114 37 5 19 1 3 2 5 .... 100 Chemicals 405 225 9 2 NegL 41 [2 8 29 48 .... Negl. 30 Of which: liertilioee 19.1s 1390 5 N.A. .... N. A. N. A. N. A. N. A. N. A, .... 2.1 Manufactures 2,025 832 86 92 28 303 205 92 50 145 4 190 Of which: Textile yarn and fabric 64 43 PD'gl. 7 (i 4 t .... 2 beg). Iron and steel 890 536 .... 1 26 217 17 14 15 58 ,.., ,,.. S Nonferrous metals 380 31 7 89 I 19 20 13 .... 27 .... Neg). 165 Plaehinery and 'quipmmrt ? 515 189 70 1 Negl. 55 77 54 31 28 Negl. Other 25 3 1 Negl. Negl. 5 Negl. .... 1 9 .... Negl. 5 r Data is rounded to the newest 85 million for total and leas developed countries, and to the nearest $I million for developed countries and Tlong Kong. Data win adjusted to reflex-t Chinese 'sports f.o.b. and Chincso imports u.i,f. 2 Sum of adjusted official data for Austria, Denmark, Finland, Iceland, Netherlands, Norway, Sweden, and Switzerland, and of estimates Crum partial data for [973 for 13e1gium-Luxembourg and Ireland. This category excludes trade with Spain, Portugal, and Greece. 3 Sons of direct trade with Ncw Zealand and flung Kong's re-exports of PRC origin to South Africa. Commodity composition is an estimate. 4 lixportc are official data for hung Kong net of re-expo' is of P1lC' origin, plus estiurat's for 51acao. Lnports arc official data for hang Kong excluding re-exports to the I' IC, plus estimates for \lacao. 5 Plstimates based no carp limited information. Complete commodity breakdowns arc available for 1973 for only a small number of countries, and partial break- downs are available for a few others, Itstimates for the remainder are based on information for prior years and on information available on trade in particubu' com- modities. 'Phis category includes trade with Spain, Portugal, nod Deeoee. a Includes unreported trade. 7 Preight adjustment wa made independently, based on information on actual shipping rests. a Freight adjustment was made independently, based on information on actual shipping costs. fertilizer data include imports of ammonium chloride and arrwuonium sulfate, but exclude phosphate rock. Table 10 China: Imports of Grain and Chemical Fertilizer Year Million Tons Million US $ Million Tons I Million US $ 1966 5.6 400 2.5 155 1967 4.1 295 4.3 200 1968 4.4 305 4.0 200 1969 3.9 260 4.1 205 1970 4.6 280 4.3 230 1971 3.0 205 4.2 200 1972 4.8 345 4.2 190 1973 7.7 840 4.1 220 Approved For Release 2005/04/21 : LA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4 Table 11 71973 Contracts Japan Value (Million US $) 461 Contract Signed Completion Comment toys Engineering Ethylene and butadiene 50 Feb 73 1978 Japan EX-IM/Commercial bank fi- nancing Mitsubishi Ethylene and poval 34 Feb 73 N.A. Japan EX-IM/Commercial bank fi- Asahi Chemical Acrylonitrile monomer 30 Mar 73 N.A. nancing Japan EX-IM/Commercial bank fi- K uraray Vinyl acetate and poval 26 Mar 73 1976 nancing Japan EX-IM/Commercial bank fi- 'I'oyo Engineering and Mitsui Toa- Urea and ammonia 42 Apr 73 N. A. nancing Japan EX-IM/Commercial bank fi- t,u nancing Polyester chips 50 May 73 1976 Japan EX-IM/Commercial bank fi- Surnitomo Benzene, toluene, and xylene 5 May 73 N.A. nancing Cash deal Mitsubishi Polyethylene, low pressure 22 Jul 73 1975 Japan EX-IM/Commercial hank fi- 47 Aug 73 1976 nancing Japan EX-IM/Commercial bank fi- 72 Sep 73 1975 nancing Japan EX-IM/Commercial bank fi- ' 1'oyo Engineering and Mitsui Tom- Urea and ammonia 4:3 Sep 73 N.A. nancing Japan EX-IM/Commercial bank fi- tau nancing Mitsui Petrochemical and Mitsui Polypropylene 25 Oct 73 1976 Japan EX-IMiComrrercial bank fi- Shipbuilding nancing N18SO Petrochemical 15 Dec 73 1977 Japan EX-IM/Commercial bank fi- France 400 nancing Alsthom Hydroelectric turbines (2) 10 Feb 73 N. A. Bpeir.hem Vinyl acetate and methanol 90 May 73 1976 Consortium involving firms in France, West Germany, and the United Kingdom French-led consortium probably in- United States 205 volving other firms in Western Europe M. W. Kellogg Ammonia plants (3) 75 Mar 73 1976 Probable feedstock plants for the 130 Nov 73 1976-77 Dutch urea plants Probably progress payments; will pro- Netherlands 89 vide feedstock for five Dutch urea plants Kellogg Continental t rea plants (3) 34 Feb 73 1976 Subsidiary of M. W. Kellogg Kellogg Continental Urea plants (3) 55 Sep 73 1977 Subsidiary of M. W. Kellogg West Germany 4 Friedrich Uhde and lloechst Acetaldehyde 4 Jul73 N. A. United Kingdom 8 Technicolor Ltd. Motion picture processing plant 8 Jul 73 N.A. Cash deal Italy 79 U.I.E. Electric thermal powerplants (2) 79 Nov 73 N. A. Five-year financing Total Value 1 ,246 Approved For Release 2005/04/21 16CIA-RDP79-00928A000100090002-4 Approved For Release 2005/04/21 : CIA-RD P79-00928A000100090002-4 Table 11 (Continued) China: Contracts for Whole Plant Imports - - - - - - - - - - - - - - -- -- -- - Value Nation/Firm Type (Million US $) Contract Signed Completion Comment 1974 Contracts Japan 269 'Peijin Polyester spinning 16 Jan 74 N. A. Japan EX-IM/Commercial bank fi- N. A. nancing Catalyst for Mitsui polypropylene Nippon Steel and Hitachi Hot strip rolling mill and silicon 229 Jan 74 1977 plant Demag supplying other part of the Kuraray steel plate Polyvinyl alcohol 19 Feb 74 1976 complex Japan EX-IM/Commercial bank fi- West Germany 291 nancing Uhde Vinyl chloride monomer 19 Jan 74 1976 Demag Cold rolling mill 200 Mar 74 1977 Consortium of European firms led by Uhde Polyethyene 15 Mar 74 1976 Demag. Progress payment Demag Continuous casting mill 57 Aug 74 N. A. Progress payments. Part of steel France 171 complex purchased from Japan and West Germany Heurtey Ammonia and urea complexes (3) 120 Feb 74 1977 Five-year credit financing Electromechanique Thermal electric powerplant 41 Apr 74 1976 Rhone Poulenc Nylon spinning 10 Aug 74 1977 Progress payments Italy 16 Snout Progetti 16 Jan 74 N.A. Progress payments Total Value 747 17 Approved For Release 2005/04/21 : CIA-RDP79-00928A000100090002-4